Djer's Forex Trades

Discussion in 'Forex Trading' started by Djer, Aug 4, 2003.

  1. Djer

    Djer

    Hi,

    I liked what MarketSurfer was doing, so I thought I'd give it a try too.

    After spending some time trading the equities market, I decided to take a hiatus. The manipulation, limited hours, unlimited tickers to pick from etc. seemed to limit my success - or should I say severely hamper it :D

    I really enjoy trading Forex as it is 24 hours, more predictable (or so it seems thus far), and I can choose from a few currency pairs that I know will continue to demonstrate plenty of volatility as they work in conjunction with each other.

    So, I will use this as a diary of trades, or sort - displaying my entry and exit prices.

    I will be using a trailing stop of 50 pips (30 pips for USD/JPY) and aiming for 100 pips in profit (60 pips for USD/JPY). Of course, if the momentum is still there I will let my trade run past 100 pips using a tighter stop (i.e. 20-30 pips).

    Today (Aug 4):


    EUR/USD - Long @ 1.3333
    GBP/USD - Long @ 1.6120
    USD/CHF - Short @ 1.3546
    USD/JPY - Short @ 120.32


    Good Trading,
    Jer
     
  2. Who are you trading with?

    What is your charting time frame?

    alberto
     
  3. Djer

    Djer



    Hi Alberto,

    I am using GFTForex's DealBook FX platform and I use a 30 min. timeframe with a 20SMA.

    Good Trading,
    Jer
     
  4. Djer

    Djer

    Stopped out on USD/CHF @ 1.3507 +39 pips

    Jer
     
  5. Djer

    Djer

    USD/CHF Long @ 1.3510

    Jer
     
  6. Djer

    Djer

    When I went to bed (1:45 am PDT), the UK and E-12 economic data was in my favor. Nevertheless, the dollar strengthened overnight.

    EUR/USD - Stopped @ 1.322 -11 pips
    GBP/USD - Stopped @ 1.6089 -31 pips
    USD/JPY - Stopped @ 120.62 -30 pips

    Sub Total -72 pips

    Total since starting thread -33 pips


    Jer
     
  7. Djer

    Djer

    EUR/USD - Short @ 1.1341
    GBP/USD - Short @ 1.6091
    USD/JPY - Short @ 120.02

    Jer
     
  8. Djer

    Djer

    USD/CHF - Stopped @ 1.3517 +7 pips

    Total since starting thread -26 pips

    Jer
     
  9. Djer

    Djer

    USD/CHF - Long @ 1.3510 (again)

    Jer
     
  10. cable

    cable

    Good stuff. Keep at it!

    Are you ONLY using an SMA to determine your entries and exits? Most people (in other words, me) try to use a couple tools to confirm each other (in order to weed out the weaker signals)...

    I'm following your journal closely.
     
    #10     Aug 5, 2003